Urgent: Oil prices drop ahead of major rates decisions

0 Comment(s)Print E-mail Xinhua, May 1, 2013
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Oil prices dropped on Tuesday as traders awaited key interest rate decisions from the U.S. Federal Reserve and the Europe Central Bank later this week.

Light, sweet crude for June delivery lost 1.04 dollars to settle at 93.46 dollars a barrel on the New York Mercantile Exchange. Endi

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